As established players shift to DDR5 and HBM3, CXMT and Fujian Jinhua offer huge discounts.
Common Chinese tactic - underprice by underpaying labor and getting a government subsidy so you can put the competition out of business. Then hike up prices after you have a monopoly. See also solar panels and EV cars.
Do they even have to underpay labor to be able to undercut prices? There’s a history of price gouging in memory market.
That said, I’m sure they’re underpaying and overworking their labor.
Chinese? This is business. The tactic of undercutting competitors by underpaying (or not paying employees/slaves) has existed for decades if not centuries.
Exactly. Absolutely standard practise. Kill off small competitors by selling stupid cheap (maybe up to losing money) then jack the prices up.
